Globalization and the Economic Downturn

Globalization is for the first time being hit by a global economic hard landing. What happens to globalization in the process? What should one expect to see when it comes to a recovery? How do companies and national economies have to change their management styles in hard times? Professor Thurow puts the events of September 11 into perspective and discusses economic storms, the "shape" of recessions, the herd mentality and more in this IAP event.